After extending its correction below USD 23,000, bitcoin managed to stay above the USD 22,500 support and moved higher again. It is currently (03:50 UTC) trading near USD 22,950 and is up almost 1% in a day and 12% in a week.
Similarly, most major altcoins are showing signs of a fresh increase. ETH climbed 5% and almost retested the USD 1,600 resistance zone. XRP stayed above the key USD 0.35 support. ADA is attempting an upside break above the USD 0.50 zone….
Read More: Bitcoin and Ethereum Inch Higher, MATIC Regains Strength…
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Bitcoin price started a downside correction from the USD 24,200 zone and spiked below USD 23,000. It is currently (11:20 UTC) trading near USD 22,600 and is down almost 5% in a day and up 12% in a week.
Similarly, most major altcoins are trading above key support zones. ETH stayed above the USD 1,450 support. XRP is consolidating near the resistance turned support at USD 0.35. ADA must stay above USD 0.48 to climb once again.
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Read More: Bitcoin and Ethereum Consolidate Near Uptrend Support, Altcoins in Red…
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After spiking above the USD 24,000 level, bitcoin increased its volatility as Tesla said it sold 75% of its BTC holdings, or USD 936m worth of bitcoin, in the second quarter, in an attempt to raise cash.
However, Tesla’s chief Elon Musk stressed that “this should not be taken as some verdict on Bitcoin” as the company sold BTC as they “were uncertain as to when the COVID lockdowns in China would alleviate” and it was important for the company to maximize their cash position….
Read More: Bitcoin, Ethereum, Altcoins Follow Stocks Down Despite Elon Musk Is Open to Buy BTC Again After Selling 75% of Tesla’s Stash…
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Bitcoin price gained pace and was able to clear the USD 23,500 resistance and almost touch USD 23,800. It is currently (11:45 UTC) trading near USD 23,650 and is up almost 7% in a day and 22% in a week.
Similarly, most major altcoins are eyeing more upsides. ETH is back near USD 1,600 and could soon test the USD 1,650 resistance. XRP might soon rise towards the USD 0.40 resistance. ADA is eyeing a move towards the USD 0.55 resistance zone.
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Read More: Bitcoin and Ethereum Target Additional Gains, DOGE Accelerates…
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Bitcoin price remained well bid above the USD 22,000 zone and was able to spike above the USD 23,000 resistance. It is currently (04:04 UTC) trading near USD 23,400 and is up 7% in a day and 21% in a week.
Similarly, most major altcoins are trading in a positive zone. ETH is now consolidating gains above the USD 1,500 level. XRP seems to be aiming for a move towards the USD 0.40 resistance. ADA is gaining pace above the USD 0.52 resistance zone.
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Read More: Bitcoin Gains Bullish Momentum While Ethereum Consolidates, ADA Rallies…
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Bitcoin tested USD 22,800 before there was a downside correction. It is currently (11:27 UTC) consolidating near USD 21,900 and is down less than 1% in a day and up almost 10% in a week.
Similarly, most major altcoins are also consolidating gains. ETH rallied towards USD 1,620 before there was a pullback. XRP is struggling to start an increase towards the USD 0.40 resistance. ADA failed to clear the USD 0.50 resistance zone.
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Read More: Bitcoin and Ethereum Consolidate Gains, FTM Accelerates …
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Bitcoin price settled above the USD 21,500 resistance zone, started a steady increase and was able to spike above the USD 22,800 level before retreating. It is currently (04:08 UTC) trading near USD 21,900 and is still up almost 3% in a day and 10% in a week.
Similarly, most major altcoins are trimming their gains. ETH remained strong and briefly rallied above the USD 1,600 level. XRP is still stuck near the USD 0.35 level, while ADA almost tested the USD 0.50 resistance zone….
Read More: Bitcoin and Ethereum Correct Gains After Nearing New Highs, ETC and NEAR Rally…
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A South Korean financial regulator is set to go on the warpath in search of kimchi premium traders – and is vowing to bring suspected offenders to justice.
As previously reported, the kimchi premium is a phenomenon in the crypto trading markets whereby bitcoin (BTC) and altcoins trade on domestic exchanges at significantly higher prices than on international trading platforms. This is usually due to spikes in demand among retail investors in South Korea….
Read More: South Korean Regulators Close the Net on Opportunistic Kimchi Premium Traders…
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Bitcoin price settled above the USD 20,500 pivot level and managed to climb above the USD 21,000 level. It is currently (04:09 UTC) trading near USD 21,300 and is almost unchanged in a day and up 2% in a week.
Similarly, most major altcoins are showing positive signs. ETH gained pace and even spiked above the USD 1,400 level. XRP is eyeing an increase towards the USD 0.40 resistance. ADA is consolidating above the USD 0.45 resistance zone.
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Read More: Ethereum Tests USD 1.4K as Bitcoin Moves Higher Above USD 21K, MATIC and ETC Rally…
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Bitcoin price was able to start a more robust increase above the USD 21,200 level and cleared the key USD 22,000 resistance zone. BTC is currently (11:52 UTC) trimming gains near USD 22,100 and is up more than 3% in a day and 6% in a week.
Similarly, most major altcoins are moving higher. ETH gained 9% and neared the USD 1,500 level. XRP is moving higher and might test the USD 0.40 resistance. ADA could accelerate if it clears the USD 0.50 resistance.
Total market capitalization…
Read More: Bitcoin Tests USD 22K, Ethereum Inches Higher, Altcoins Rally…
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